Energy Market Analysis - 15-09-2017
15th September 2017 | Posted by: Daniel Birkett | Market Analysis
Strong residential demand and a rise in CCGT generation supported gas contracts on Thursday despite improved supply levels which resulted in a long system. Bullish pressure was provided by higher power and carbon contracts, while oil and coal were generally stable.
Energy Market Analysis - 14-09-2017
14th September 2017 | Posted by: Daniel Birkett | Market Analysis
A rise in oil prices helped to push gas contracts higher yesterday afternoon with further bullish pressure provided by stronger coal and carbon. LDZ demand is forecast to fall next week as milder temperatures return to the UK and an LNG delivery is expected to dock at South Hook on Monday, limiting gains on the near-curve.
Supplier to customer communication set for change
13th September 2017 | Posted by: Daniel Birkett | Market Analysis
Energy regulators, Ofgem plan to abolish prescriptive” rules on how energy suppliers provide information to their customers, with the hope of improving supplier-customer contact.
Energy Market Analysis - 13-09-2017
13th September 2017 | Posted by: Daniel Birkett | Market Analysis
Improved Norwegian supply helped gas contracts move down yesterday afternoon, erasing some of the morning’s gains. Strong wind generation reduced CCGT demand but colder temperatures lifted residential consumption. Further out, bearish movement was limited by a jump in oil prices and stronger coal.
Energy Market Analysis - 12-09-2017
12th September 2017 | Posted by: Daniel Birkett | Market Analysis
Residential demand in the UK is expected to rise this week due to colder weather, offering support to the front of the curve yesterday. LNG supply also remained tight and bullish movement on the coal market continued to help far-curve contracts move higher. Meanwhile on the continent, Russian flows were down due a planned shutdown of the Nordstream pipeline.